Science & Technology
Science and Technology
Science and Technology 
Tue, February 8, 2011
The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Beckman Coul
NEW YORK--([ BUSINESS WIRE ])--The Law Office of Abe Shainberg is investigating the Board of Directors of Beckman Coulter, Inc. (NYSE: BEC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Danaher Corporation (NYSE: DHR). Under the terms of the transaction, Beckman shareholders will receive $83.50 per share of Beckman stock they own, for a total transaction value of $6.8 billion, including the assumption of debt.
The investigation concerns whether the Beckman Board of Directors breached their fiduciary duties to Beckman stockholders by failing to adequately shop the Company before entering into this transaction and whether Danaher Corporation is underpaying for Beckman shares, thus unlawfully harming Beckman stockholders. According to Yahoo! Finance, at least one analyst set a price target of $85.00 per share for Beckman stock.
If you own common stock in Beckman and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at [ as@ashainberglaw.com ] or by telephone at (212) 425-7286, or visit [ http://www.ashainberglaw.com/beckman-coulter.html ].
Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.